Property & Hurricane Claims

As reported by WTJV, a South Florida condominium company was awarded nearly $30 million in damages and attorney fees after taking insurance agency QBE to court. The verdict was of concern to Buckley Towers families whose damaged homes are in the middle of a condemnation proceeding by Miami-Dade County’s Unsafe Structures Board. The briefing provided

While a recent string of fires in Pineville and Alexandria this week have led officials to warn Louisiana residents about fire safety and the like, it also serves as a reminder about insurance coverage. Not knowing if your home or property is covered in the event of a fire can lead to, at best, a

As highlighted in recent articles regarding insurance companies going out of business and leaving policy owners “out in the cold”, it is important to know what to do in the event your policy provider goes out of business. While making whatever repairs necessary to keep your home in shape, and documenting closely the expenses, it

FEMA maps released this month indicate flood risks in the city of New Orleans at a block-by-block level of scrutiny. Downloadable here, the maps include the changes in flood risk after work done by the Army Corps of Engineers and detail what should be the status quo until 2011, when the Corps plans on completing

Texas Governor Rick Perry has requested that FEMA waive or extend the deadline for FEMA aid to those whose lives have been disrupted by Hurricane Ike. KFDM reports: Gov. Rick Perry has requested the Federal Emergency Management Agency (FEMA) waive, or extend for 180 days, the deadline to file proof of loss requirements for flood

The Federal Emergency Management Agency’s fourth extension of time for individuals in Texas affected by Hurricane Ike created a new deadline of February 20th for claims to be made. This, in light of the fact 90% of applicants who have submitted applications as of late were considered ineligible by FEMA. Texas Governor Rick Perry requested

As the 2009 hurricane season looms, insurance companies continue to delay and prolong their payouts from 2008’s storms and stall trials. Cases based upon Hurricane Rita STILL have not begun to work their way through the Jefferson County, Texas, courts. Another Hurricane Rita insurance trial gets nixed By David Yates In four years, three hurricanes

When going about shopping for the right policy or making sure your policy protects you in the ways you need, it is important to understand insurance terms used. In educating yourself about the legal jargon employed by the insurance companies, you can be better prepared to combat an unfair claim payment or prevent your policy

While 60 to 80 percent of damage claims have been settled as of December 10, as reported by MSNBC on January 26, thousands of Hurricane Ike victims still have not had their issues resolved. With more and more Texas residents waiting for a response from their insurer, litigation is beginning to be the only option